Three-network integration pilot near the information equipment and communications Unit long-term benefits

-Our correspondent Zhaoziqiang Zhang Yizhong, Minister of Industry and Information technology, said, "The State Council has recently adopted the overall plan to promote the triple-net integration, the pilot program will be introduced at the end of May." Li Yizhong said 23rd this month that "triple-net integration is technically not a problem, and now it is mainly institutional."　　He has said on several occasions that the three-net integration pilot scheme will be launched in May and June. Affected by some news, the education media industry recently strong rise in the share rebound in Friday and this week one or two trading days, the education Media Index rose 5.71% perfect to win the Shanghai index 1.11%. Yesterday, the education media shares are outstanding, in the Shanghai Composite Index fell 1.9% of the weak market, against the city Rose 1.15%, ranked first in 32 categories of industry.　　In addition to the education media in the market yesterday, only a category of pharmaceutical industry rose, but the increase is 0.32% lower than the education Media index. On the integration of the three networks as early as May 19, 2009, the National Development and Reform Commission on the 2009 to deepen the economic restructuring of the work of the proposal, to implement the relevant provisions of the State, to achieve two-way access to radio and television and telecommunications enterprises to promote the "triple network integration" to achieve substantial progress.　　From January 13, 2010, the State Council convened a standing meeting, decided to speed up the promotion of telecommunications network, radio and television network and the integration of the three networks, coupled with the recent three-net integration into the industry generally recognized the key point of time, so once again caused the market sought after and attention. Three nets integration requires 750 billion yuan full network means that the national cable television network will be unified planning, unified construction, unified operation, unified management. Facing the competition pressure brought by three nets, the network integration of radio and television is imperative, and "one Province one net" is the recent target of the radio and television department.　　According to the plan, the provincial network integration will be completed before the end of this year. Industry analysis, from now on, the state to give radio and television protection period may only years, in this time, radio and television system must establish a full network of the whole net, after this period of protection, radio and television will directly with the telecommunications, mobile they direct competition. This heralds a huge investment in the broadcasting system in just three years.　　According to expert estimates, the whole network of radio and television system transformation means more than 600 billion of business opportunities. And the face of radio and television hundreds of millions of investment, Telecom also throws billions of dollars in investment, April 9, Ministry of Industry, National Development and Reform Commission, Science and Technology Department, Ministry of Finance, Ministry of Land and Resources, housing construction department, the State Administration of taxation jointly issued the "on the promotion of optical fiber broadband network Construction", the opinion that "3 years of broadband network construction　　"," Urban user access capacity on average up to 8 megabits per second, rural user access capacity on average 2 megabits per second, commercial building users to achieve more than 100 trillion bits per second access capacity.　　According to the above signal rough calculation of radio and television and telecommunications will be combined into more than 750 billion yuan, then the relevant units will be the performance of the rise. Triple-Net fusion occurs in 5 classes ofThe benefit of three nets convergence will have that level of beneficiaries, industry research experts said there are 5 main areas, first of all, in the whole chain of three nets, content providers in the past only to the copyright to the television station, the three nets will increase the integration of the Internet, mobile phones and other channels and terminals.　　More channels of audience resources will effectively enhance its long-term value, most in line with the "big market, the market value" of the elements, with brand influence and good management incentive of the relevant companies are expected to become the entire industrial chain the biggest beneficiaries. Second, the digital TV network industry chain cable network operators will appear "content + value-added services + broadband + channel" convergence trend, from the program content channel transmitter to the integrated information service provider, they will benefit from the pilot selection, management changes brought about by the value-added business model innovation driven, and other hyper-expected events,　　Expect to get extra profits.　　Third, IPTV industry chain and mobile internet industry chain based on 3G wireless bandwidth technology, in the three nets convergence, will emerge more new wireless value-added services, such as mobile phone payments, mobile games, cell phone reading, mobile phone comics, mobile TV and other business will enter the growth of Fast lane, the relevant 3G value-added service providers are expected to achieve extraordinary development.　　Four, radio and television for the integration of broadband data services to transform the network, and telecommunications to provide IPTV to upgrade the existing broadband network, both will bring huge capital expenditure, which makes the relevant equipment suppliers become the most direct beneficiaries.　　The third, the integration of the broader sense is the terminal integration, personal terminals will face a broader market. Triple-Net convergence highlights four types of investment opportunities in the three-network convergence will be the pilot key time point, the relevant beneficiaries of the listed companies are more concerned about the investment, the national securities analysts said three net integration has brought four types of investment opportunities, first, strong policy impetus and a large resident purchasing power base.　　Not only will jointly promote the formation of an immeasurable growth of the "big market", and strong policy changes and business innovation, is undoubtedly the achievement of the policy of the East Wind to stand out the "big market value" industry leading the golden soil. Secondly, based on the long-term value investment perspective, optimistic will be in the three-net integration to benefit from more channels of audience resources of film and television, online games, animation, books and other content providers.　　Focus on Huayi Brothers, Bo Rui Communications, electricity, media, publishing media. Thirdly, based on the consideration of the excess income in the medium and short term hyper-expectation events, the cable network operators and the complete supply chain equipment suppliers of the digital TV network are preferred.　　Focus on the electric media, Tianwei video, Song Hua Cable, Oriental Pearl, with the continent electronics, Japan-Sea communication. Finally, it is particularly noteworthy that under the reform of the cultural system and the integration of the three networks, those traditional media companies with sufficient cash flow and full management incentive may be actively involved in value-added services such as mobile Internet. Fundamentals are most likely to be transformed by hyper-market expectations, and such companies should be re-examined and valued. Example: Management encourages full Bo Rui spread to buy online games company Dream Factory. Advise investors to pay close attention to publishing media, Tianwei video, SongChina cable, Bo Rui spread, Guangdong Media, China to hear the media, in view of the media. Securities Code Securities referred to as net profit (million) net profit Quarter-on-quarter growth (%) Earnings per share (yuan) per share net assets (yuan) this month (%) Turnover rate in the month (%) Closing price (Yuan) P/E (PE,TTM) 000063 ZTE 19425.20-85.88 0.06 10.59-7.44 9.84 34.48 26.47 600050 China Unicom 109743.78 664.34 0.02 3.35 -14.60 6.45 5.03 45.60 600551 Times published 5643.38-5.52 0.14 5.15-3.29 25.16 18.23 30.97 600088 Media 863.35-90.64 0.04 3.99 1 0.78 98.64 24.14 48.18 600880 The bo spread 7690.29 4.30 0.19 2.22-4.96 13.17 18.53 the 41.27 yangxin 60.0289 trillion 1995.35 2.54-5 4.56. 80 27.46 9.09 56.17 002238 days Granville video 1713.01-32.27 0.06 4.71-10.52 59.49 23.98 83.39 600037 Leroy Wired 5546.62-33.65 0.05 4.27- 2.73 34.82 16.03 49.40 600831 Radio and television networks 2660.72 5.94 0.06 2.86-12.86 39.66 11.25 59.44 601999 Publishing Media 3641.51-38.31 0.07 2.73 -5.81 42.90 12.64 52.34 000793 Chinese media 6613.73-27.07 0.03 1.71-10.16 8.77 5.75 43.48 002017 East Letter Peace 1056.25 175.63 0.05 3.58 0.04 35.50 17.71 110.31 000917 Power Wide media 4441.40 21.31 0.01 5.12-9.62 53.77 18.31 272.14 002261 1829.34-17.45 info 0.16 4. 34-3.51 26.39 27.79 46.19 600498 beacons communication 6680.54-32.39 0.13 7.37-6.72 25.24 26.24 41.50 002194 Wuhan van Valley 5074.46-51.57 0.09 3.63-17.76 54.34 15.65 27.15 600373 New St. 45-0.04 0.35 1.85 15.38 17.07-41.91 Triple net key stock recent performance list